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Asian Paints Q4 PAT seen up 90.6% YoY to Rs. 880.3 cr: KRChoksey

Net Sales are expected to increase by 43.1 percent Y-o-Y (down 2.3 percent Q-o-Q) to Rs. 6,634.6 crore, according to KRChoksey.

April 11, 2021 / 12:41 PM IST
Asian Paints  | As of February 3, the stock was trading at Rs 2463.25, which is still 17 percent away from its 52-week high of Rs 2871.40.

Asian Paints  | As of February 3, the stock was trading at Rs 2463.25, which is still 17 percent away from its 52-week high of Rs 2871.40.

 
 
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KRChoksey has come out with its fourth quarter (January-March’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects Asian Paints to report net profit at Rs. 880.3 crore up 90.6% year-on-year (up 28.9% quarter-on-quarter).


Net Sales are expected to increase by 43.1 percent Y-o-Y (down 2.3 percent Q-o-Q) to Rs. 6,634.6 crore, according to KRChoksey.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 74.6 percent Y-o-Y (down 16 percent Q-o-Q) to Rs. 1,501.3 crore.


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